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Unit Trust Articles

Mirvac relents and raises its trust offer

MIRVAC has bowed to pressure and raised its offer 10 per cent for its Mirvac Real Estate Investment Trust by sweetening both the cash offer price and the scrip component.

Macquarie Trust On Surer Footing

MACQUARIE CountryWide Trust has quashed suggestions it has breached any bank covenants, but has confirmed it plans more asset sales to reduce debt pressure on its balance sheet.

Babcock Japan Trust Reveals Drop In Net Profit

BABCOCK & Brown Japan Trust (BJT) has forecast a steady year ahead after yesterday reporting a marginal decline in full year net earnings to June 30, 2008, because of the global credit crunch and its impact on the property sector.

Education Trust Reduces Payouts

AUSTRALIAN Education Trust, which is the landlord for ABC Learning Centres, has confirmed it has dropped its annual distribution by 6.2 per cent for the 2007-08 year due to the credit market crisis.

Trust Your Skills

FOR a doctor fresh out of medical school, Westmead Hospital's transplant unit is a daunting first placement. Certainly 25-year-old Alison Main (pictured) from Campbelltown found it a baptism of fire after her four years of postgraduate medical training.